July 5, 2010
Presentations to Focus on Alignment of Business and HR, Delivering on the Employer Promise
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009 and Derek Bluestone, VP Product Marketing appeared on June 17, 2010. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, today announced two additions to its keynote speaker lineup for the upcoming 2010 Kenexa World Conference, which will be held Tuesday, September 21 through Thursday, September 23, 2010, in Philadelphia, Pa. Joining a stellar roster of speakers that includes a keynote presentation from best-selling author Malcolm Gladwell, Sam Fouad of Ernst & Young and Peter Goerke of Zurich Insurance Company Ltd. will provide their perspectives on the complex issues affecting employees and organizations today.
As Global Managing Partner – People at Ernst & Young, Fouad is responsible for ensuring the company’s 144,000 employees receive market-leading opportunities for personal and professional development. During his presentation, “Aligning the strategy and operations of business and HR in a dynamic global economy,” Fouad will explain the importance of knowing and understanding a company’s true business imperatives while creating a people culture that is special to the organization and its clients. Exploring how to improve, nurture and prove the people culture to employees, Fouad also will share how Ernst & Young has successfully built a consistent culture around the world.
Peter Goerke, Group Head of Human Resources for Zurich Insurance Company Ltd., will present “Leveraging your employer promise to attract, engage and retain talent,” which will address how to clearly articulate the employer promise and deliver on it to create the right environment for long-term success. With responsibility for creating an engaged employee population at Zurich, an insurance-based financial services provider with 60,000 employees, Goerke knows how to enhance employee engagement through an integrated talent management platform, demonstration of the company’s core values, active management of the company’s brand and a focus on global development opportunities.
The fifth annual Kenexa World Conference promises to transform HR through outliers, helping organizations move beyond potential to drive business performance. To reveal true human potential to improve business results, companies must identify and nurture high performers and create the right environment for them to thrive. Attendees of the conference will come to understand how the right individuals in the right environment lead to ultimate success.
The 2010 Kenexa World Conference will be held at The Sheraton Society Hill Hotel, One Dock Street, Philadelphia, Pa. More information is available at www.kenexa.com.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
May 4, 2010
Cutting Edge SaaS Solution Features Unified Recruitment, Onboarding, Performance Management and Native Talent Management Applications for iPhone and BlackBerry
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009 and Rudy Karsan, CEO, will appear on June 17, 2010. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is here to help!
With more than 20 years of experience in developing and delivering HR software solutions, Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today shared details of its new technology platform, Kenexa 2x™. Kenexa 2x provides a Unified Talent Record across the employment lifecycle linking Recruitment, Onboarding, Performance Management and Mobility on one technology platform. Kenexa 2x enables customers to improve productivity, increase cost savings, ensure compliance with corporate and legal mandates, and raise employee engagement.
Available now on Kenexa 2x are Kenexa 2x BrassRing™, Kenexa 2x Recruit™, Kenexa 2x Onboard™ and Kenexa 2x Mobile™. In Q3 2010, Kenexa will add Kenexa 2x Perform™ to its current Performance Management solution. Kenexa 2x Perform will offer leading edge performance management and succession planning tools to drive organizational alignment and ensure top performers are motivated and engaged.
According to recent Gartner research, “In 2013, mobile phones will overtake PCs as the most common Web access devices worldwide”. Kenexa 2x Mobile addresses this global trend by delivering the first talent management applications natively developed for iPhone® and BlackBerry® platforms. With Kenexa 2x Mobile, hiring managers and approvers can now leverage the full power of their smart phones to speed decision making and gain competitive advantage with zero training.
Research from the Kenexa Research Institute shows that organizations with formal onboarding processes can recognize increased revenue gains of up to 40%. Kenexa 2x Onboard offers an integrated solution to deliver on this promise. Kenexa 2x Onboard leverages cutting edge Web 2.0 technology to deliver a new hire portal and integrated workflow management that offers an improved employee experience while ensuring compliance with legal and corporate policies.
Kenexa 2x BrassRing and Kenexa 2x Recruit solutions feature highly interactive dashboards, integrated workflow management across recruitment, assessment and onboarding, and real-time reports that facilitate robust analysis across critical business processes. Customers, who implement Kenexa 2x BrassRing or Kenexa 2x Recruit increase the efficiency of their recruitment processes, lower cost-per-hire, enhance the job seeker’s experience and reduce operating costs.
Derek Bluestone, vice president of product marketing, Kenexa, commented, “Kenexa has a long-standing position as the human capital management’s industry leader. It was a natural progression of our R&D efforts to develop a platform that delivers a unified talent record, bringing together all of the details about a candidate or employee, regardless of where they are in the employee lifecycle or recruiting workflow. Our customers have given us very positive feedback about the potential that Kenexa 2x brings to their organizations. As Kenexa moves to the next phase of its growth, Kenexa 2x will be an integral part of that flight.”
“Unifying key recruiting, onboarding and employee performance management functionality with a single employee record is a natural progression in what is a relatively siloed market. Integration will become more important as H.R looks to improve data quality and process consistency,” said Thomas Otter, Research Director, Gartner. “Also expected to intensify is the need for mobile applications as HR professionals, employees, applicants and managers rely on mobile devices to conduct business.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
January 29, 2010
Horigan Brings More than 20 Years’ Experience in Leading Enterprise Software and High Technology Organizations
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today announced that Kevin Horigan has joined the company as the president of its Global HR Technology division. In this role, Horigan will be responsible for the division’s overall strategy and operational execution.
Possessing significant operational experience in sales, marketing, finance, professional services, and software development, Horigan has spearheaded growth in various organizations in both the North American and International markets. Prior to joining Kenexa, Horigan served as a senior vice president at SAP. He has also held executive leadership positions at PeopleSoft, Inc, OutlookSoft, Sand Technology Systems and Oracle Corporation.
Rudy Karsan, chief executive officer, Kenexa, said, “Kevin brings a wealth of experience and a track record of success that will reinforce Kenexa’s commitment to the HR technology space. As we continue our growth in this category, his leadership will benefit our customers, our employees and our organization.”
Commenting on his appointment, Horigan said, “Kenexa is not only one of the world’s leading providers of human resources technology, it’s also a trusted advisor to HR and business leaders around the world, with its comprehensive suite of products and services. I’m looking forward to leveraging my expertise in enterprise software to support our ongoing growth and commitment to extreme service.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
December 7, 2009
Company recognized for outstanding achievement in design of new marketing kit and print advertisements
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, was awarded two awards from American Design Awards for its efforts in rebranding the organization. American Design Awards is a business dedicated to providing fair and ethical platforms for graphic and web designers with varying experience levels and disciplines to compete on, while providing them a global audience to showcase their talents to. The American Design Awards holds two semi-annual contests, and judges each submission on creativity, effectiveness, practicality and ethics.
Kenexa placed first in the Marketing Kit Design category, which included newly branded presentation folders and marketing collateral, and second in the Print Advertisement category, which included the Kenexa Wright Brothers ad that visualizes the new brand positioning formula i X e = s.
The new brand, released June 1, 2009, includes a complete overhaul of all marketing materials, signage, advertising and communications. The new brand is based on helping companies identify the right individuals and create the right environments to enhance individual and organizational performance.
Kenexa is the only company in the HR marketplace that has the tools, services and technology to multiply business success. Kenexa’s formula for business success, i X e = s, requires two elements—the individual and the environment. Kenexa believes that when you multiply the right individual by the right environment, success is inevitable. The multiplication sign in the formula for success is the secret to unlocking human potential. It is the factor that separates Kenexa from every other company in the marketplace. While other companies have solutions that affect the “i” or the “e,” only Kenexa can multiply them to maximize business outcomes. One of the ways the company delivers on the “X” is through Extreme Service.
“We are honored to be recognized by American Design Awards,” said Rudy Karsan, CEO, Kenexa. “These awards are a tribute to the talent and expertise of our marketing group. The new rebranding effort underscores Kenexa’s broader mission statement of transforming the global workforce. With Kenexa’s rebrand, we want to communicate clearly that our goal is to help put people around the world in the right jobs, and to create work environments that maximize their potential. We know that when people are in jobs they love and in environments that maximize their potential, they are not only more productive employees, they are more productive individuals.”
All entries are judged independently taking into account experience level and date of design. Other variables including popularity of client, name of design firm and other accolades previously attained are not considered, ensuring a fair and balanced competition.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
October 28, 2009
New Functionality Enables Recruiters, Hiring Managers and Job Candidates to Connect on the Go
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Industry researchers agree that the proliferation of mobile devices around the globe has resulted in significant productivity increases – up to 15% – for organizations of all sizes. Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, is further optimizing these gains by announcing its enhanced support for mobile offerings such as the iPhone, Smartphone, BlackBerry, etc. This functionality will enable Kenexa users to access its solutions from mobile devices, anywhere, anytime. With Kenexa’s collaborative capabilities, corporate recruiters and hiring managers can use their mobile devices to contact job seekers and schedule interviews. Job candidates can apply for a job opening with just a few clicks on their mobile devices.
Upcoming hiring company-side features consist of mobile contact management, including the capability to review candidate and contact candidates with a click; the ability to advance candidates through the application workflow and provide increased visibility to candidates in real-time; approval of requisitions using mobile devices; and the means to view “unified talent records” – for internal and external candidates – on the go. Upcoming candidate-side features include the ability to view available positions at a company’s career site; apply to jobs and submit cover letters with a click; and access other relevant candidate features from any location.
Rudy Karsan, chief executive officer, Kenexa, said, “Kenexa is accelerating the delivery of additional mobile capabilities to further revolutionize the job search and recruiting process. With growing market demand for anytime, anywhere solutions, it’s a natural progression of our product development to once again take the leadership position and provide increased mobile functionality to the market.”
For more than 10 years, Kenexa has delivered innovative, secure mobile technologies for its award-winning solution Kenexa Recruiter BrassRing, including its patented e-Link requisition approval solution, which enables hiring managers and recruiters to work together via mobile devices. Kenexa has also been lauded for its proven Mobile Recruiter offline functionality, which means users in global markets with unpredictable broadband access can work offline and synchronize with the application at a later time.
Kenexa’s new extended functionality in Kenexa Recruiter BrassRing will be available in early 2010 at no additional cost to existing users. Benefits include:
- Reliable delivery of content to millions of job seekers, as well as recruiters
- Extended reach of recruiters and hiring managers beyond the Web; opens new talent pools for hard-to-fill jobs
- Leverage of Kenexa Recruiter BrassRing’s market-leading EEOC data collection and compliance features
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
September 19, 2009
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, today announced the unveiling of Kenexa Leadership Solutions. The unique and comprehensive product suite enables organizations to evaluate critical dimensions of leader performance, and develops current and future leaders to drive ongoing business performance.
Dr. Tommy Weir, Vice President of Kenexa Leadership Solutions, stated, “The core principles of Kenexa Leadership Solutions center on responsibility, high performance and engagement. Our solutions have been built on the belief that responsible leadership drives superior organizational performance.”
The suite of solutions, which consists of an audit into the quality and impact of an organization’s existing leaders; a comprehensive suite of online leadership assessments to successfully hire, onboard, develop and promote the very best leaders; and a set of development tools to enhance the skills and mindset of organizational leaders, has been designed to address core business needs by increasing the quality of leadership in organizations.
Rudy Karsan, CEO, Kenexa, added, “There is increasing fear that business leaders lack the experience and competencies required to cope in a more demanding and more complex business environment. This fear has caused businesses to re-examine their current talent management and succession planning strategies to ensure leaders are able to achieve the organization’s strategic initiatives and objectives. Kenexa is the only company in the marketplace that can provide a holistic suite of tools to multiply business success through your current and most promising leaders.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
September 7, 2009
Kenexa PODS Episodes to Feature Views on Hot Topics in Human Resources
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today unveiled its newly updated and enhanced podcasting Web site, Kenexa PODS. The site features complimentary audio recordings of Kenexa’s thought leaders on compelling global human resource topics. Recent podcasts include “The CEO Shift,” “Using Exit Interviews as a Tool for Talent Retention,” and “What is Your Recruiting Strategy?”
“Kenexa PODS are one more way that demonstrates our deep commitment to our Extreme Service Hierarchy,” said Rudy Karsan, Kenexa’s CEO. “Kenexa’s thought leaders aim to inspire, motivate and engage others through their commentary. We hope HR professionals and others who are interested in ongoing learning will benefit from these podcasts.”
HR professionals, line managers and other interested individuals can listen to these complimentary podcasts at www.kenexapods.com, download them to any iPod or MP3 player or subscribe via their favorite podcasting tool. The site offers four series, each with its own episodes delivered by experts in those areas.
- “Minds at Work” inspires individuals by revealing shared experiences at work and across all areas of life. The narrative episodes include introductory comments and readings or interviews with experts.
- “Kenexa HR Thought Leadership,” aimed primarily at HR professionals, provides cutting-edge insights on organizations, their people and their development and examines what high-performing organizations are doing today.
- “Recruiting Strategies” provides insight on how today’s top HR and recruiting strategists are attracting the best talent from around the globe and examines how to leverage Web 2.0 and social media to create a best-of-breed recruiting strategy.
- “Lessons in Organizational Change” examines real-world examples of how organizational initiatives have resulted in positive change for specific companies. It features Kenexa case studies and interviews with clients.
Consistent with its global presence, Kenexa will include a German-language podcast series as well as a series specifically focused on Southwest Asia later this year. To listen to, subscribe to or download a podcast, please visit www.kenexapods.com.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
August 19, 2009
Kenexa Recruiter BrassRing Users Can Gain Complete Set of Tools for Analyzing Recruiting Data
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today announced a partnership with QlikTech, the world’s fastest growing business intelligence company. Under the terms of the agreement, QlikTech’s award-winning business analysis solution, QlikView, is integrated with Kenexa’s global recruiting solution Kenexa Recruiter® BrassRing (KRB) empowering KRB customers with a complete set of business analytics tools to further measure and manage their global hiring processes.
The award-winning Kenexa Recruiter BrassRing is highly configurable and scalable, meeting the needs of companies with complex recruiting processes as well as global organizations with requirements across multiple regions and languages. KRB helps organizations efficiently hire the best talent in emerging markets and comply with a wide range of country-specific regulations. With QlikTech’s patented technology, KRB customers can use the powerful and intuitive business analytics tools to gain valuable insight into their recruitment activities and processes.
“In this hiring landscape and weakened economy, hiring managers must rationalize increased candidate volume against shrinking budgets. That’s why it’s critical for our customers to have complete visibility into their hiring practices in order to successfully source talented candidates and maximize the allocation of valuable resources,” said Barrett Richardson, director of product management, Kenexa Recruiter BrassRing. “KRB’s reporting tools are world-class. By adding business analytics, our customers gain the ability to quickly analyze business critical data, monitor the hiring processes, and create meaningful what-if scenarios to improve their hiring efficiency and prepare for the economic resurgence.”
Using the new business analytics, information can be explored intuitively and visually, with drill-down detail in a few clicks, delivering accurate answers and better insights for better business performance. Described as “one of the hotter business-intelligence-software companies around” by Time, QlikTech offers an award-winning approach that makes the business analytics tools intuitive to learn, fast to deploy, simple to change and able to scale to analyze billions of records instantly.
“Pairing QlikView’s easy-to-use yet comprehensive analytics with Kenexa Recruiter BrassRing’s user-friendly global recruiting solution enables companies to access a wealth of information on their recruitment processes,” commented Anthony Deighton, senior vice president of Marketing, QlikTech.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
August 11, 2009
U.S. Employee Confidence Rose 5.3% since March
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa® (Nasdaq: KNXA), a global provider of business solutions for human resources, today announced the results of its employee confidence study, a quarterly measure of worker opinions and component of the forthcoming Kenexa Composite.
Employee confidence has been found to relate to multiple economic and business performance outcomes at the individual, organizational, industry and country levels as well as being predictive of consumer confidence.
A high level of employee confidence is achieved when employees perceive their organization as being effectively managed and competitively positioned, and believe they have a promising future with their organization, job security, and skills that are attractive to other employers. Employee confidence influences individual behavior and has implications for organizational performance and economic conditions.
In June 2009, the global employee confidence index score was 98.9. Brazil (107.2), China (102.3), France (101.4) and Russia (100.9) had the highest levels of employee confidence, while Italy (97.8), Spain (96.0) and Japan (93.8) had the lowest levels. The United States’ employee confidence index score was 98.9.
Jeffrey Saltzman, principal at Kenexa, stated that, “In the second quarter of 2009, employees from all of the studied countries reported an increase in employee confidence scores, becoming more positive, with the exception of Japan. China improved the most since the first quarter of 2009 (up 12.5 points). Interestingly, it was recently reported that China’s economy grew by 7.9% in the second quarter, evaluating this as a surprisingly strong showing given the world economic crisis.”
Saltzman continued, “While most countries improved in the second quarter over the first, we saw especially strong gains in Russia, Germany, France and India. The countries with the smallest gains were Japan, Spain, Canada and the U.K. These rankings also match a recent report; there is exceptionally high unemployment in Spain; the U.K.’s economy is posting steep drops, which are dashing hopes for a quick recovery; and, Germany’s economic performance implies that the recession there could end sooner than expected.”
What had been the lowest scoring component of confidence, job security and having a promising future, has now been replaced by a worker’s ability to find employment elsewhere. Saltzman continued, “This illustrates that the notion of a jobless recovery is very much in alignment with how the typical employee feels.”
There was an increase in employees who reported that their economic well-being will improve over the next six months. However, there are still quite a few who are worried about their current financial situation to a “very great extent,” with 35% of U.S. employees reporting concern, down from 40% in December 2008.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
August 10, 2009
Younger Workers Report Higher Levels of Employee Confidence
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
The legend of the fountain of youth occurs in many cultures going back centuries. One aspect often associated with youthfulness is a sense of optimism about the future. The Kenexa Research Institute (KRI) asked, “Is there any evidence to support the notion that being young brings with it a sense of optimism about the future or is the notion of youthful optimism just another one of those myths with little substance?”
A recent study conducted by KRI measured Employee Confidence in the workplace by contrasting younger (18-29 year olds) and older workers’ (50+ year olds) levels of confidence. The study was conducted between June 2008 and June 2009.
A high level of Employee Confidence is achieved when an employee perceives his/her organization as being effectively managed with good business processes, competitively positioned with attractive products and believes he/she has a promising future with the organization, job security and skills attractive to other employers. Employee Confidence influences individual behavior, has implications for organizational performance and is a reflection more broadly of macro-economic conditions.
The results from a randomly selected group of more than 29,000 workers from 12 countries indicated that as of June 2009, younger employees reported higher levels of Employee Confidence. In most countries, younger employees outscored older employees in Employee Confidence by 5 to 15 percentage points.
In June 2008, the older employees in both Spain and China expressed higher levels of Employee Confidence than the younger employees did and in June 2009, both of those positions were reversed; the younger employees are now more confident.
Jeffrey Saltzman, principal at Kenexa, stated, “Prior to the current economic downturn, Chinese workers over 50 years of age expressed more confidence. According to the IMF, since 1978, China has seen annual economic growth above 9% with several years reaching 13% growth. That would mean that for the vast majority of their working lives, these older workers have experienced an economic boom with very little turbulence until this past year. The historical confidence that the long-term economic success had wrought has been eroded. The confidence pattern seen in China is looking now more like the majority of studied countries where the youth are more positive.”
For all workers studied, the current gap between the young and old employees was the largest in the United Kingdom (14 percentage points), followed by those in Japan (11 percentage points), China and Germany (10 percentage points). The smallest gap between the younger and older workers was in Brazil, Canada and India (3 percentage points).
Saltzman continued, “A typical pattern seen in employee survey responses suggests that the most positive workers, the most optimistic ones, are those newest to the organization. Typically, optimism fades after about two years. There are exceptions. There are companies that can harness the optimism employees bring with them and keep it burning over the long-term. These are the companies that will outperform their competitors.”
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
August 9, 2009
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (Nasdaq: KNXA), a global provider of business solutions for human resources, today announced operating results for the second quarter ended June 30, 2009.
For the second quarter of 2009, Kenexa reported total revenues of $39.5 million, a sequential increase compared to $38.8 million for the first quarter of 2009 and compared to $56.4 million for the second quarter of 2008. Subscription revenue was $34.0 million for the second quarter of 2009, compared to $43.7 million for the second quarter of 2008, while professional services and other revenue was $5.5 million for the second quarter of 2009, compared to $12.8 million for the second quarter of 2008.
Rudy Karsan, Chief Executive Officer of Kenexa, stated, “Headwinds created by the challenging economic environment and jobs market continued during the second quarter. While we expect current macro conditions to persist for the next several quarters, we were encouraged that our second quarter total revenue grew sequentially, deferred revenue continued to grow and interest levels in our broad suite of solutions remained high.” Karsan added, “We believe our unique breadth and expertise across software, employee science, HR business processes and consulting services will become increasingly important from a long-term perspective. A growing number of customers are engaging in strategic evaluations, and we believe they will deploy more comprehensive solutions and move ahead with strategic services engagements when the economic environment improves and IT budgets are more available.”
Non-GAAP income from operations, which excludes share-based compensation expense and amortization of intangibles associated with previous acquisitions, was $4.4 million for the three months ended June 30, 2009, a sequential increase from $3.9 million in the first quarter of 2009 and compared to $10.9 million for the three months ended June 30, 2008. Non-GAAP net income, which excludes one-time charges related to the retirement of a line of credit facility in addition to the above mentioned items, was $4.1 million based on a 12% non-GAAP tax rate. Non-GAAP net income was $0.18 per basic and diluted share for the quarter ended June 30, 2009, a sequential increase compared to $0.14 in the first quarter of 2009 and compared to $0.39 per basic and diluted share in the second quarter of 2008.
Kenexa’s income from operations for the three months ended June 30, 2009, determined in accordance with GAAP, was $1.9 million, compared with income from operations of $7.9 million for the same period of 2008. GAAP net income was $1.3 million, or $0.06 per basic and diluted share, compared to net income of $6.0 million and $0.26 per basic and diluted share in the same period of 2008.
A reconciliation of GAAP to non-GAAP results has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
Kenexa had cash and cash equivalents and investments of $47.2 million at June 30, 2009, an increase from $46.7 million at the end of the prior quarter. The Company generated positive cash from operations of $7.5 million during the second quarter, which was offset primarily by capital expenditures and earn out payments associated with previous acquisitions. Deferred revenue was $42.2 million at June 30, 2009, an increase of approximately $0.8 million compared to the end of the first quarter 2009 and an increase of 9% from the end of the year ago period.
Karsan added, “Throughout the economic slowdown, Kenexa continued to focus on driving profitability and cash flow. We will continue to operate with this focus in mind, and we are also planning to selectively increase investments in R&D and sales and marketing as we currently expect the buying environment to begin improving at some point during 2010. These incremental investments will leverage those already made in the development and launch of our Kenexa 2x platform, continued enhancements to our best-in-class Kenexa Recruiter BrassRing solution, as well as our recent rebranding initiative. We believe that Kenexa has weathered the most difficult stage of the economic storm, and we remain confident in the company’s long-term market position and opportunity.”
Business Outlook
Based on information as of today, August 4, 2009, the Company is issuing guidance for the third quarter 2009 as follows:
Third Quarter 2009: The Company expects revenue to be $37 million to $40 million, and non-GAAP operating income to be $3.7 million to $4.6 million. Assuming a 23% effective tax rate for reporting purposes and 22.9 million shares outstanding, Kenexa expects its non-GAAP net income per diluted share to be $0.13 to $0.16.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
June 30, 2009
New Version of Kenexa Interview Builder Increases Accuracy, Efficiency of Hires
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, today announced the latest version of its Kenexa Interview Builder assessment solution. This release provides a powerful online reference library of more than 3,000 questions that increase interviewers’ accuracy and efficiency in choosing the best employees. Kenexa Interview Builder also provides a range of job analysis tools, job description templates, interview guides and competency profiles.
Cost-effective recruitment and retention of the right talent has taken on critical importance in the currently weakened economy. Kenexa’s updated solution provides corporate recruiters and hiring managers with better tools and training for identifying, hiring and retaining the best employees, which reduces employers’ hiring costs. The updated version also helps organizations comply with fair and ethical hiring policies by bringing a higher degree of standardization to interview question development and scoring, ensuring that all candidates are asked appropriate questions and scored on the same criteria.
This Web-based solution significantly improves the interviewing process for specific job roles and positions, producing a more accurate measure of candidates’ fit as well as their impact on future business results. It enables the quick and efficient creation of interview question sets and interview guides that can be customized to specific job descriptions and responsibilities within an organization. Once created, the guides can be downloaded, printed or e-mailed and used multiple times by anyone in the organization. Built into the enhanced solution are 20 ready-to-use interviews developed by Kenexa, in addition to the more than 3,000 behavioral, situational, attitudinal and job knowledge questions that organizations can use in custom interviews.
“At Kenexa, we believe that when you multiply the right individual by the right environment, success is inevitable. Kenexa Interview Builder enables employers to find the right employees for their organizations, supporting business success,” said Rudy Karsan, chief executive officer, Kenexa.
Interview Builder complements Kenexa’s other offerings, which include Kenexa Recruiter BrassRing, an award-winning secure software-as-a-service (SaaS) solution designed to effectively and efficiently source and track employment candidates throughout the recruiting process.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
June 3, 2009
Clients Recognize Process Improvements and Gain Operational Efficiencies with Release 12
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Kenexa will participate in the Talent Management Systems panel and the Recruiting Systems panel on June 10, 2009 as part of theHRshow2009 event. Ron Hanscome, VP of Product Strategy with Kenexa will appear on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, today announced details of the newest release of Kenexa Recruiter BrassRing. This award-winning secure Software-as-a-Service (SaaS) solution is designed for global organizations seeking to cost effectively and efficiently source and track employment candidates throughout the recruiting process.
While optimizing costs has always been a priority for businesses, the current economic climate has brought with it a new sense of urgency. The latest release of Kenexa Recruiter BrassRing (KRB) helps organizations reduce recruiting expenses while finding the best candidates.
The latest release consists of three major enhancements: new portal pages, a Data Insight Tool, and hourly and high volume hiring capabilities.
— New Portal Pages: As part of the comprehensive user interface update, KRB now provides an updated experience for recruiters, hiring managers and other end users, enabling them to view pertinent data easily and efficiently.
— Data Insight Tool: This new, market-leading reporting tool allows end users to develop powerful reports for improved visibility and optimization of the recruiting processes. By further simplifying business-critical processes such as reporting, Kenexa’s clients are able to facilitate cross-organization report scheduling and sharing, powerful collaboration and process standardization.
— Hourly and High Volume Hiring: Hiring managers now have workflow capabilities, screens and features to streamline their unique recruiting processes–whether hourly, high volume, retail or other industries. This new capability allows organizations to conduct both hourly and professional hiring on a single, unified platform.
“Kenexa remains the leader in global talent management technology because we are continually updating our solutions to meet our clients’ needs. During this global economic crisis, corporate recruiters are faced with shrinking budgets and, at the same time, an ever-increasing number of applicants. They need reliable, cost-effective solutions and Kenexa Recruiter BrassRing gives them that, and more,” said Mark Nesline, vice president, product development, Kenexa Recruiter BrassRing.
Kenexa’s announcement of KRB release 12 is on track with its overall objectives to help clients overcome global economic challenges with world-class talent acquisition and retention solutions. Recently recognized for its leadership role in its category, Kenexa ranked No. 10 on Forbes Magazine’s list of “America’s Fastest-Growing Tech Companies.” Other recent news includes the company expanded presence in China through a joint venture with R&J Management Consultants.
“As the job market and the global economic circumstances potentially become more challenging, we see more companies looking to strategic talent management as their single-most competitive advantage. Kenexa is prepared not only to withstand the economic crisis, but to continue our research and development of quality products to meet the needs of current and prospective customers,” said Larry Kleinman, global practice leader, talent management, Kenexa.
Kenexa Recruiter BrassRing Release 12 is available now. More information can be accessed at www.kenexa.com.
Matt Lafata, HRchitect
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Posted by mattlafata
June 1, 2009
Company Crystallizes the Expression of Its Unified Solutions Through Its New Brand Foundation — i X e = s
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa will participate in the Talent Management Systems panel and Recruiting Systems panel on June 10, 2009 as part of theHRshow2009 event. Ron Hanscome, VP of Product Strategy with Kenexa will appear on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NasdaqGS:KNXA – News), a global provider of business solutions for human resources, today unveiled its new expression for communicating and delivering on its brand promise. The rebranding effort puts a new focus on its unique integrated offerings that combine employee science, technology, business process and consulting to positively impact business performance.
The formula for business success, i X e = s(TM), requires two elements — the individual and the environment. When you multiply the right individual by the right environment, success is inevitable. The multiplication sign in the formula for success is the secret to unlocking human potential. It is the factor that separates Kenexa from every other company in the marketplace. While other companies have solutions that affect the “i” or the “e,” only Kenexa can multiply them to maximize business outcomes.
The formula will be rolled out in the company’s website, collateral and other materials. Kenexa has also unveiled a modern corporate logo that reinforces its new look and feel, and emphasizes the “X” in the formula. The new logo is reinforced by the tag line: “HR Success Multiplied.”
One of the ways the company delivers on the “X” is through Extreme Service. Delivering on this requires the commitment to being accurate, timely, responsive, proactive and foremost, learning mutually with customers about how to solve business problems and improve business outcomes using strategic HR solutions.
The new rebranding effort also underscores Kenexa’s broader mission statement of transforming the global workforce. “With the rebranding of our company, we want to clearly communicate that the goal of Kenexa is to help put people around the world in the right jobs, and to create work environments that maximize their potential. By doing so, they are more productive employees, as well as better parents, friends, partners and neighbors,” said Rudy Karsan, CEO, Kenexa.
Additional information about Kenexa and its new corporate identity can be found online at www.kenexa.com
Matt Lafata, HRchitect
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Posted by mattlafata
May 19, 2009
Company recognized for outstanding achievement in recruitment advertising and marketing
HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Talent Acquisition Systems vendors that businesses should consider. Ron Hanscome, VP of Product Strategy with Kenexa will participate in the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.
Kenexa (NASDAQ: KNXA), a global provider of talent acquisition and retention solutions, was awarded three Creative Excellence Awards for its work in Employment Branding. Creative Excellence Awards is an awards program sponsored by Recruitment Marketplace and established to recognize outstanding achievement in recruitment advertising and marketing. Awards were presented at the SHRM Staffing Management Conference & Exposition held in Las Vegas, Nev. April 28 – 30, 2009.
Kenexa placed first in Best Self Promotion Multimedia Campaign awarded for its internal efforts on Kenexa’s employment branding campaign that included messaging, artwork, a new career site, a cultural video, prints, thank you cards, signage and giveaways for employees including calendars, t-shirts and coffee mugs.
Kenexa also placed first in Best Temporary Employment Print Ad awarded for client work done on behalf of a leading direct marketer of value-priced novelties, toys and party supplies, and a leading direct marketer of home décor products, and Best Radio Ad for a placement on behalf of United Healthcare Group, a diversified health and well-being company operating in four segments: Health Care Services, OptumHealth, Ingenix and Prescription Solutions and headquartered in Minnesota.
A panel of the finest creative and professional talent in marketing and human resources judges all entries. Each judge independently scores an entry based upon specific category criteria and an automated entry system scores every category—judges do not know which organization developed the entries they are judging.
“We are honored to be recognized by Recruitment Marketplace and to accept these awards on our clients’ behalf,” said Rudy Karsan, CEO, Kenexa. “These awards are a great reflection of the clients we work with, our commitment to the industry, and the efforts and expertise of our marketing and employment branding team. We look forward to producing more award-winning work for our current and future clients.”
Kenexa’s Employment Branding team brings a fresh, unique marketing approach to recruitment. Kenexa’s employment branding efforts are focused on using science and technology to discover an organization’s strength’s weaknesses and personality and use it to maximize recruitment and retention efforts. The team consists of individuals with more than forty years’ combined experience in external advertising.
For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect
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